Rideshare network Lyft has enlisted the help of self-driving and ADAS technology provider Mobileye to establish the widespread commercialization of autonomous vehicles to large fleet operators.
Lyft ($LYFT) remains a household name in rideshare services alongside that other company that starts with a “U.” Both competitors appear to be embracing electrification, but Lyft especially has vowed to go 100% electric by 2030.
To do so, the company has established several partnerships to incentivize and empower its network of drivers to adopt a BEV for their work. Alternatively, Lyft has solidified alliances with several other tech companies and OEMs to implement autonomous vehicles, including Hyundai.
Speaking of autonomous vehicles, Mobileye ($MBLY) is an ADAS specialist based in Israel with 25 years of experience in the segment. The company was wholly acquired by Intel in 2017 before beginning to develop autonomous robotaxis with Volkswagen Group.
Since then, automakers like Porsche have turned to Mobileye for its advanced driving technology. More recently, Polestar partnered with the tech company to help enable hands-free, eyes-off (Level 3 autonomous driving) in its upcoming 4 SUV.
Today, Mobileye announced a new alliance with Lyft to combine its autonomous driving technology with the latter’s fleet operators that contribute to its network of 40 million annual riders.
Mobileye’s computer vision technology detecting pedestrians in a crosswalk / Source: Mobileye
Lyft and Mobileye to deploy autonomous rideshare fleets
Mobileye shared details of its collaboration with Lyft today. In this collaboration, Mobileye intends to provide its proprietary autonomous vehicle (AV) technology to an ecosystem of purpose-built vehicle manufacturers, which will then become available for purchase by vehicle fleet operators and transportation service providers.
These “Mobileye Drive-based” autonomous fleets will help Lyft achieve its goal of bringing more robotaxi rides to cities in North America. They will also support operators who want to deploy and manage large-scale fleets in those metropolitan areas. As a result, those fleet operators will gain the opportunity to purchase Mobileye Drive-equipped, “Lyft-ready” vehicles from various OEMs building AV-ready EVs, like the Hyundai IONIQ 5, for example. Per Lyft CEO David Risher:
Mobileye’s full-stack technology is an important part of getting autonomous fleets Lyft-ready. As we make more AVs available to our 40 million annual riders, we’re laser-focused on building a platform where fleet owners will be proud to put their assets to work. We welcome Mobileye as an important strategic partner on the road to an autonomous future.
In addition to Mobileye Drive-equipped vehicles, Lyft intends to utilize the ADAS specialist’s new cloud-based AV demand technology, connecting those vehicles with AV fleet operators.
Through Mobileye’s turnkey autonomous vehicle ecosystem and Lyft’s current suite of AV Partner APIs, participating fleets are expected to be monetized while offering riders using the app a faster and broader availability of travel options. Mobileye president and CEO Prof. Amnon Shashua also spoke:
Cooperating with leading mobility providers and operators are essential steps to bring autonomous mobility services to reality. Enabling Mobileye Drive with Lyft’s network of 40 million annual riders in North America would allow our AV customers to reach new markets and geographies with autonomous services and provide the benefits of the technology through a sustainable business.
There are yet to be timelines on when or where we will see these Mobileye-equipped autonomous vehicles deployed by Lyft and its fleet operators, nor do we know what makes or models will see the technology first. This will be a story we will keep a (mobile) eye on and report back as we learn more,
FTC: We use income earning auto affiliate links.More.
Over the weekend, Tesla began offering many Cybertruck trade-in estimated values above the original purchase price, apparently due to a glitch in its system.
Tesla offers online trade-in estimates for individuals considering purchasing a vehicle from them.
Over the last few days, Cybertruck owners who submitted their vehicles through the system were surprised to see Tesla offering extremely high valuations on the vehicle, often above what they originally paid for the electric truck.
Here are a few examples:
Advertisement – scroll for more content
$79,200 for a 2025 Cybertruck AWD with 18,000 miles. Since this is a 2025 model year, it was eligible for the tax credit and Tesla is offering the same price as new without incentive.
Here Tesla offered $118,800 for a 2024 Cybertruck ‘Cyberbeast’ tri-motor with 21,000 miles.
In this example, Tesla offers $11,000 more than the owner originally paid for a 2024 Cybertruck.
So, trade in the Foundation Series Cybertruck AWD for $11k more than I paid for it originally, re-buy an AWD with FSD for $79,490 after the tax credit.
I’d lose free supercharging for life, Cyberwheels, and white interior.
The trade-in estimates made no sense. Tesla has been known to offer more attractive estimates online and then come lower with the official final offer, but this is on a whole different level.
Some speculated that Tesla’s trade-in estimate system was malfunctioning, while others thought Tesla was indirectly recalling early Cybertrucks.
It appears to be the former.
Some Tesla Cybertruck owners who tried to go through a new order with their Cybertruck as a trade-in were told by Tesla advisors that the system was “glitching” and they would not be honoring those prices.
Tesla told buyers that it would be refunding its usually “non-refundable” order fee.
Electrek’s Take
That’s a weird glitch. I assume that it was trying to change how the trade-in value would be estimated and the new math didn’t work for the Cybertruck for whatever reason.
It’s the only thing that makes sense to me.
The Cybertruck’s value is already quite weird due to the fact that Tesla still has new vehicles made in 2024, which are not eligible for the tax credit incentive, while the new ones made in 2025 are eligible.
There’s also the Foundation Series, which bundles many features for a $20,000 higher price.
All these things affect the value and can make it hard to compare with new Cybertrucks offered with 0% interest.
FTC: We use income earning auto affiliate links.More.
Like a 90s “gifted” kid that was supposed to be a lot of things, the electric Jeep Wagoneer S never really found its place — but when dealers started discounting the Jeep brands forward-looking flagship by nearly $25,000 back in June, I wrote that it might be time to give the go-fast Wagoneer S a second look.
Whether we’re talking about Mercedes-Benz, Cerberus, Fiat, or even Enzo Ferrari, outsiders have labeled Jeep as a potentially premium brand that could, “if managed properly,” command luxury-level prices all over the globe. That hasn’t happened, and Stellantis is just the latest in a long line of companies to sink massive capital into the brand only to realize that people will not, in fact, spend Mercedes money on a Jeep.
Advertisement – scroll for more content
That said, the Jeep Wagoneer S is not a bad car (and neither is its totally different, hideously massive, ICE-powered Wagoneer sibling, frankly). Built on the same Stellantis STLA Large vehicle platform that underpins the sporty Charger Daytona EVs, the confusingly-named Wagoneer S packs dual electric motors putting out almost 600 hp. That’s good enough to scoot the ‘ute 0 to 60 mph in a stomach-turning 3.5 seconds and enough, on paper, to convince Stellantis executives that they had developed a real, market-ready alternative to the Tesla Model Y.
With the wrong name and a sky-high starting price of $66,995 (not including the $1,795 destination fee), however, that demand didn’t materialize, leaving the Wagoneer S languishing on dealer lots across the country.
That could be about to change, however, thanks to big discounts on Wagoneer S being reported at CDJR dealers in several states:
Jeff Belzer’s in Minnesota has a 2025 Wagoneer S Limited with a $67,790 MSRP for $39,758 ($28,032 off)
Troncalli CDJR in Georgia has a 2025 Wagoneer S Limited with a $67,590 MSRP for $42,697 ($24,893 off)
Whitewater CDJR in Minnesota has a 2025 Wagoneer S Limited with a $67,790 MSRP for $43,846 ($23,944 off)
Antioch CDJR in Illinois has a 2025 Wagoneer S Limited with a $67,790 MSRP for $44,540 ($23,250 off)
“Stellantis bet big on electric versions of iconic American brands like Jeep and Dodge, but consumers aren’t buying the premise,” writes CDG’s Marcus Amick. “(Stellantis’ dealer body) is now stuck with expensive EVs that need huge discounts to move, eating into already thin margins while competitors focus on [more] profitable gas-powered vehicles.”
All of which is to say: if you’ve found yourself drawn to the Jeep Wagoneer S, but couldn’t quite stomach the $70,000+ window stickers, you might want to check in with your local Jeep dealer and see how you feel about it at a JCPenneys-like 30% off!
Jeep Wagoneer S gallery
Original content from Electrek; images via Stellantis.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. The best part? No one will call you until after you’ve elected to move forward. Get started, hassle-free, by clicking here.
FTC: We use income earning auto affiliate links.More.
Multinational equipment brand SANY just launched a clever new 50-ton reach stacker that pairs gravity and an F1-style KERS system to generate electricity, improve operating efficiency, and reduce costs. The best part: they’re putting that smart tech to work by helping clean up (and shore up) the grid.
Short for Kinetic Energy Recovery System, KERS was a staple of Formula 1 in the late aught and 2010s. Essentially an advanced form of regenerative braking, KERS captured the kinetic energy of a car at speed that would normally be lost as heat when the brake pads pressed against the brake discs. Instead of heat, KERS converted that energy into electricity (storing it in a battery or flywheel), to be deployed later.
Sebastian Vettel explains KERS
4x WDC Sebastian Vettel explains KERS.
In practice, KERS gave drivers an extra boost of horsepower at the push of a button, enabling them to attack or defend their position on track and adding a fresh strategic element to the sport. In SANY’s case, that stored power is fed back into the reach stacker’s electric hydraulic system, reducing pressure loss across the high-pressure setup by 50%, and lowering the machine’s overall energy consumption by more than 60%.
Energy recovery is a key feature. The potential energy of the boom, lifting gear and energy storage cabinets during the boom’s descent can be recovered efficiently with an overall recovery efficiency of over 65%. That means every 1 kWh of consumption in lifting can be recovered by 0.4 kWh during descent.
The 50t reach stacker is available with a 512 kWh swappable battery pack that’s compatible with other SANY heavy equipment assets, and supports both DC fast charging when swapping isn’t practical or (for whatever reason) desirable.
Advertisement – scroll for more content
On a single charge and backed by the onboard KERS, that’s good enough for the machine can lift and move containers for more than 7 continuous hours, which SANY claims significantly reducing downtime for charging compared to other, similar equipment assets.
The new SANY reach stacker can stack six 50-ton containers, greatly enhancing a site’s container and battery storage density within a limited space. The first units will reach unnamed customers building out a utility-scale energy storage project by the end of this month.
Regardless of which one you choose, it seems like the available options for reach stacker operators are just getting better and better!
SOURCE | IMAGES: SANY.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links.More.